Good morning or afternoon as the case may be for each of you. And welcome to the Blount International Incorporated teleconference, with President and Chief Executive Officer, Mr. Josh Collins, and Mr. Calvin Jenness, Senior Vice President and Chief Financial Officer. My name is Maureen and I will be your facilitator today.

The conference will begin with a brief overview of the first quarter 2010 results and the company's updated 2010 outlook, followed by a question-and-answer session. All lines have been placed on mute to prevent any background noise. (Operator Instructions).

At this time, I would like to turn the call over to Mr. Jenness. Mr. Jenness, you may begin.

Calvin Jenness

Thank you, Maureen, and good day, everyone. This call is being broadcast live on the internet and recorded for future transmission and used by Blount and third parties. Participants on the call, including the Q&A session, agree that their likeness and remarks may be stored and used as part of their earnings call.

Before Josh and I summarize the company's performance, I would like to remind everyone that the statements made in the course of this conference call regarding the company's or management's intentions, hopes, beliefs, guidance ranges, or other expectations for the future are forward-looking statements as defined by the Securities Litigation Reform Act of 1995. Those statements involve risks and uncertainties that could cause actual results to differ materially.